Leisure & Hospitality International - Fall 2013 - 92

Parkbridge Ca pital Group

surance companies, investment banks,
local banks, FNMA and pension funds that
seek to make loans for these communities because of their stability and security.
Investing in these communities is considered wise because of the land value
and the predictable income.
Senior communities are also considered
more secure. In these communities, residents own their homes and therefore have
a greater vested interested than those in
apartment communities, Meekcoms says.

NEW PROPERTIES
In the RV sector, the Mesa Regal RV Resort
is the largest project that Parkbridge has
been involved with, featuring more 2,000
sites in Mesa, Ariz., and operated by CalAm Properties. It features four pools, two
spas, and computer and fitness centers,
as well as tennis courts, batting and golf
cages, water volleyball, table tennis, billiards, shuffleboard, clubs, classes and a
The Mesa Regal RV Resort in Mesa, Ariz., is the largest project Parkbridge has been involved with.

ballroom dancing hall.
Recently, Parkbridge joined forces with

offer very stable returns without the va-

Meekcoms states. “We have a buyer’s per-

South Florida-based Affordable Residen-

garies related to economic conditions or

spective, and taking part in asset and

tial Communities, and its principal,

supply and demand factors found in

property management has given us a

Michael Gottlieb, to consummate the pur-

other properties.

valuable perspective in doing our func-

chase of the 295-unit May Manor Estates

There is a significant barrier to entry in

tions at a high level of competence and

in Lakeland, Fla. The property features a

terms of production of the finished and

professionalism. It’s a combination of

clubhouse, outdoor pool, in-ground spa,

fully occupied community. “That cannot

knowledge, responsibility and control.”

shuffle-board courts and a pitch-and-putt

be said for most other property types,”
Meekcoms concludes.

Parkbridge has recently done a signifi-

golf course.

cant amount of business with C-III Com-

Meekcoms sees the demand for quality

mercial Mortgage LLC, a highly regarded

assets by residents, investors and lenders

WISE INVESTMENTS

and productive lender in the commercial

to continue robustly, for many years into

Parkbridge serves as an acquisition spe-

and investment real estate arena. Meek-

the future.

cialist/broker for the purchase and man-

coms participated in two transactions

agement of manufactured home

with C-III recently where its provided ap-

tate housing, recreation and leisure

communities and RV resorts. It selects

proximately $10 million in mortgage fi-

lifestyle provides so much of what the

property for investors, negotiates deals

nancing. He credits managing director

American public needs and wants, he

and can place financing as needed.

And why not? This sector of the real es-

says. Parkbridge has enjoyed contributing

professional and focused staff of C-III in

to this arena, to its investors and clients,

over the years, you get to the point where

the recent successful financings. In addi-

and looks forward to more of the same

that experience makes a difference,”

92

Gary Newman and the very competent,

“Having looked at thousands of deals

tion, other lenders in this arena are life in-

quality performance in the future.

L e i s u r e a n d H o s p i t a l i t y I n t e r n a t i o n a l | w w w. l h i m a g a z i n e . c o m Fall 2013


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Table of Contents for the Digital Edition of Leisure & Hospitality International - Fall 2013

Contents
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Leisure & Hospitality International - Fall 2013 - Cover3
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